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1001 sats \ 1 reply \ @DarthCoin 22h \ parent \ on: ⚡Breez Spark Wallet (example) lightning
Ark is just another trap. In this moment I just consider itthe network for poor clueless nocoiners that don't know what is a UTXO and don't know how to have one to open a decent LN channel. To operate on LN you need only ONE single channel.
Who cannot "afford"· a damn LN channel is a total loser for me.
Ok you could say that are many poor people that cannot even have 100k sats and that could cost them a lot just to open a tiny channel. Yes, is true, but that's why the best model is to use "uncle Jim" LN banks. Take the example of Cuba Bitcoin community. The LN bank in their case works perfectly fine and is the best option.
It is nothing wrong to have a LN bank for each family or small community.
As I explained in this guide:
https://darth-coin.github.io/merchants/private-banks-over-ln-en.html
Ark is only overcomplicate things when is not really necessary.
Thanks, Ark looks similar to SpArk. Really appreciate your valuable opinion.
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